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  • September 22, 2014
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  1. Property - Hong Kong & China - RETAIL

    Retail rents cut as landlords fight to keep tenants

    Posted Sep 11th 2014, 06:01am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com After years of soaring rent levels, declining sales of luxury items force landlords to backtrack Retail rents cut as landlords fight to keep tenants Landlords of Hong Kong retail properties have been making substantial concessions in asking rents as sales of luxury products, including fashion, watches and jewellery, continue to cool, according ...

    http://www.scmp.com/property/hong-kong-china/article/1589635/retail-rents-cut-landlords-fight-keep-tenants
  2. Property - Hong Kong & China - STRATEGY

    Beijing Capital Land to speed up retail outlet expansion

    Posted Sep 09th 2014, 12:34pm by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Developer is teaming up with fund houses to cut its debt ratio while improving profit margins Beijing Capital Land to step up retail expansion Hong Kong-listed Beijing Capital Land plans to speed up retail outlet expansion on the mainland's prosperous southeastern coast and along the Yangtze River to boost sales revenue and help ...

    http://www.scmp.com/property/hong-kong-china/article/1587764/beijing-capital-land-speed-retail-outlet-expansion
  3. Business - Money - LISTINGS

    Lukewarm retail response sees China Vast add to international IPO offering

    Posted Aug 22nd 2014, 10:36am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com China Vast IPO sees tepid retail response China Vast Industrial Urban Development saw the retail tranche of its initial public offering only 97 per cent ... the international portion will represent 90.25 per cent of the global offering, with the rest going to Hong Kong retail investors. The initial offering had 31.97 million shares allotted for retail ...

    http://www.scmp.com/business/money/markets-investing/article/1579012/lukewarm-retail-response-sees-china-vast-add
  4. Property - Hong Kong & China - SHOPS

    Doubts expressed on future of subdivided retail floors

    Posted Aug 20th 2014, 05:21am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Doubts over future of subdivided retail floors The recent trend of property owners offering subdivided shops for sale may not be sustained because management complexities will make it hard for individual players to survive in a highly competitive retail sector, according to market watchers. Four shopping centres or large retail floors have or are planning ...

    http://www.scmp.com/property/hong-kong-china/article/1577040/doubts-expressed-future-subdivided-retail-floors
  5. Property - Hong Kong & China - INVESTMENT

    Citic Capital eyes pair of retail developments

    Posted Aug 12th 2014, 12:21pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Asset manager steps up shopping mall push on the mainland to tap urbanisation boom Citic Capital sets sights on two retail projects State-controlled asset management firm Citic Capital Holdings has cast a vote of confidence in the mainland's retail property sector with plans to buy two projects. "We plan to close the two deals by the end ...

    http://www.scmp.com/property/hong-kong-china/article/1571331/citic-capital-eyes-pair-retail-developments
  6. Property - Hong Kong & China - RETAILING

    Retail vacancies in Hong Kong soaring, but rents dip only slightly

    Posted Jul 26th 2014, 01:38am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Vacancies rise as landlords slow to cut rents Vacancy rates for retail outlets, at their highest in three years in four shopping districts, will head higher ... the firm's executive director for retail. Vacant shops in Tsim Sha Tsui, another popular shopping district, have nearly doubled from 44 to 93 during the same period. Vacancies in Mong Kok have surged ...

    http://www.scmp.com/property/hong-kong-china/article/1559389/retail-vacancies-hong-kong-soaring-rents-dip-only-slightly
  7. Property - Hong Kong & China - RETAIL PROPERTY

    Retail vacancies in Hong Kong soaring, but rents dip only slightly

    Posted Jul 25th 2014, 11:27am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Vacancy rates for retail outlets, at their highest in three years in four shopping districts, will head higher still by early next year, but not enough ... in December. “The vacancy rate in Causeway Bay is the highest since the outbreak of severe acute respiratory syndrome in 2003,” said Michele Woo, the firm’s executive director for retail in Hong Kong. ...

    http://www.scmp.com/property/hong-kong-china/article/1558865/retail-vacancies-hong-kong-soaring-rents-dip-only-slightly
  8. Property - Hong Kong & China - CONCRETE ANALYSIS

    Hong Kong’s status as retail hub safe for now

    Posted Jul 15th 2014, 02:50pm by Tom Gaffney

    ... keeps retail edge despite pressures Recent market signals have been a wake-up call for some international brands in Hong Kong: total retail sales declined by 0.2 per cent year on year ... on the government to limit the number of visitors from the mainland, have further raised concerns among retailers, especially since mainland tourists contributed about a third of total retail sales ...

    http://www.scmp.com/property/hong-kong-china/article/1551949/hong-kongs-status-retail-hub-safe-now
  9. Property - Hong Kong & China - LEASING

    Retailers downsize as luxury sales slump

    Posted Jun 10th 2014, 03:37pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com Firms switch to a conservative approach in their expansion in HK after a change in mainlanders' spending patterns triggers slump in luxury sales Retailers go for smaller shops Retailers that target mainland tourists are changing their leasing strategy and downsizing to reduce risk after sales of luxury items fell the most in five years. ...

    http://www.scmp.com/property/hong-kong-china/article/1529249/retailers-downsize-luxury-sales-slump
  10. Property - Hong Kong & China - LEASING

    Sportswear retailer sells online but still needs his shop in Mong Kok

    Posted Jun 03rd 2014, 02:18pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com Yet businesses insist they need to keep some physical retail presence for customers Online shoppers help ease retailers' rising rent pain Small sportswear retailer Jimmy Wong Man-fai started to offer online shopping in 2005 as soaring rents forced him to scale down his shop in Mong Kok. Wong had to make the switch in his business strategy when Ginza ...

    http://www.scmp.com/property/hong-kong-china/article/1523767/sportswear-retailer-sells-online-still-needs-his-shop-mong

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